SS&C (SSNC) director adds shares through RSU vesting and grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SS&C Technologies Holdings director Normand A. Boulanger reported equity compensation activity involving company shares. On May 20, 2026, previously granted restricted stock units vested and were exercised into 2,580 shares of common stock, including 33 dividend equivalent rights. After this conversion, Boulanger directly holds 389,504 shares of common stock.
On the same date, Boulanger also received a new grant of 3,200 restricted stock units, each convertible into one share of common stock. These restricted stock units vest 100% on the earlier of the first anniversary of the grant date or the issuer's annual general meeting of stockholders held in fiscal 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,580 shares exercised/converted
Mixed
3 txns
Insider
BOULANGER NORMAND A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,580 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,200 | $0.00 | -- |
| Exercise | Common Stock | 2,580 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 389,504 shares (Direct, null)
Footnotes (1)
- Reflects the vesting of restricted stock units granted to the reporting person on May 21, 2025, together with 33 dividend equivalent rights accrued thereon. Restricted stock units convert into common stock on a one-for-one basis. The restricted stock units vest 100% on the earlier of (i) the first anniversary of the grant date and (ii) the date of the issuer's annual general meeting of stockholders held in fiscal 2027.
Key Figures
RSUs exercised into common stock: 2,580 shares
Common shares held after transactions: 389,504 shares
New restricted stock unit grant: 3,200 RSUs
+2 more
5 metrics
RSUs exercised into common stock
2,580 shares
Vesting and conversion on May 20, 2026
Common shares held after transactions
389,504 shares
Direct ownership following May 20, 2026 events
New restricted stock unit grant
3,200 RSUs
Award on May 20, 2026
Underlying common stock for new RSUs
3,200 shares
One-for-one RSU-to-common-stock conversion
Underlying common stock for exercised RSUs
2,580 shares
Converted from vested restricted stock units
Key Terms
Restricted Stock Units, dividend equivalent rights, annual general meeting of stockholders, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Reflects the vesting of restricted stock units ... together with 33 dividend equivalent rights accrued thereon."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
annual general meeting of stockholders financial
"The restricted stock units vest 100% on the earlier of ... the issuer's annual general meeting of stockholders held in fiscal 2027."
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transactions did Normand A. Boulanger report for SSNC?
Normand A. Boulanger reported vesting and exercise of restricted stock units into 2,580 SS&C common shares and a new grant of 3,200 restricted stock units. These are compensation-related equity movements, not open-market purchases or sales.
What restricted stock unit grant did SSNC director Boulanger receive?
Boulanger received a grant of 3,200 restricted stock units linked to SS&C common stock. Each unit converts into one common share and represents equity-based compensation rather than a market transaction, adding to his potential future share ownership when they vest.
When do Normand A. Boulanger’s new SSNC restricted stock units vest?
The new restricted stock units vest 100% on the earlier of the first anniversary of the grant date and the date of SS&C’s annual general meeting of stockholders held in fiscal 2027. Vesting timing therefore depends on when that annual meeting occurs in fiscal 2027.
How do SSNC restricted stock units convert into common stock for Boulanger?
Restricted stock units convert into SS&C common stock on a one-for-one basis. Once restricted units vest, each unit automatically delivers one common share, turning the equity award into actual share ownership for the director, as reflected in this Form 4 filing.